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Payroll vault

Industry
Miscellaneous
Number of Open Locations
65
Start-Up Costs
$77,375-$111,885
Part-Time Ownership?
No
Item 19 Available?
Yes
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Overview

Payroll Vault is a B2B franchise specializing in payroll and workforce management services for small and mid-sized businesses. Founded in 2008 and franchising since 2012, Payroll Vault offers a streamlined solution for businesses looking to outsource payroll processing, tax compliance, and workforce management. With payroll being one of the top three most outsourced business services, Payroll Vault operates in a high-demand, recession-resistant industry.

Franchise owners benefit from a low-cost, home-based business model with no need for a brick-and-mortar location. The franchise provides remote operational support, national vendor partnerships, and proprietary technology, allowing owners to scale their business efficiently. With multiple ownership models available, including owner-operator and semi-absentee options, Payroll Vault is designed for entrepreneurs seeking a flexible and scalable business.

This franchise is ideal for business-minded professionals with experience in sales, marketing, or management. No prior payroll or accounting experience is required, as Payroll Vault provides comprehensive training and operational support. Successful owners are detail-oriented, customer-focused, and committed to helping businesses streamline payroll operations.

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Quick Facts

Franchising Since
2012
Number of Open Locations
65
HQ Location
Littleton, CO
Home Based
Yes
Financing Available
Yes

Financial Requirements

Liquidity Requirement
$100,000
Net Worth Requirement
$250,000
Franchise Fee
$68,500
Veteran Discount Available?
Yes
Start-Up Costs
$77,375-$111,885

Disclosed Financials

Does this franchise disclose financial performance?
Yes
Financial Summary

At this time, this franchise does not have any financial performance information that can be publicly disclosed. However, we understand the importance of financial insights when evaluating a franchise opportunity. Please reach out to us, and we’ll be happy to provide additional details to help you make an informed decision.

Training & Support

Initial Training Provided
Yes
Ongoing Support
Yes
Additional Details

Franchisees receive in-depth training covering payroll processing, workforce management, compliance regulations, and business operations. The training program is designed to help new owners launch their business within 60-90 days.

Payroll Vault offers continuous business coaching, marketing assistance, and access to a dedicated support team with over 50 years of payroll and workforce experience. Franchisees benefit from a fully remote, technology-driven system for managing payroll services efficiently.

Differentiators

  • Low-Cost, Home-Based Model – No physical storefront is required, reducing overhead costs and increasing profitability.
  • Recurring Revenue Stream – Payroll services generate consistent, predictable income through ongoing client relationships.
  • Recession-Resistant Industry – Payroll is a necessary service for businesses in all economic conditions, ensuring long-term demand.
  • Comprehensive Franchise Support – Franchisees receive training, operational guidance, and access to a network of industry experts.
  • Scalable Business Model – With no real estate constraints, franchisees can expand their business and manage multiple territories for increased growth potential.

Ideal Owner

Allows Part-Time Owners?
No
Ideal Candidate Summary

The ideal Payroll Vault franchisee is an entrepreneur with a background in business development, sales, or marketing. While accounting experience is helpful, it is not required. Owners should be detail-oriented, technology-savvy, and comfortable working in a B2B environment. A commitment to client service and a willingness to follow a structured system are essential for success.

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